Investment Objective and Approach

The Bank of India Large Cap Fund seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies. Under normal market conditions, the fund will invest 80% to 100% of its assets in large cap companies with sustainable business models.

The scheme can also invest up to 20% of its portfolio in Mid & Small cap stocks, providing some flexibility in portfolio construction. The fund is suited to investors with conservative risk profile or first time investors.

The fund follows a disciplined investment approach focusing on:

- Quality Large Cap Companies: Large Cap companies with established businesses and long track records that generally are segment leaders with high market share commanding economies of scale and strong ability to withstand economic and business cycle downturns

- Institutional Quality: High institutional ownership (DIIs and FIIs) - Institutions own more than 1/3rd of the large cap universe

- Research Coverage: Broader research coverage by analysts

Investment Approach: The fund management team employs a combination of top-down and bottom-up approach for investment selection, focusing on companies with sustainable competitive advantages and strong fundamentals.

Fund Managers

Dhruv Bhatia is the Current Fund Manager of Bank of India Large Cap Fund Direct Growth fund. The fund management is supported by an experienced team at Bank of India Investment Managers.

Chief Investment Officer: Mr. Alok Singh is a Postgraduate in Business Administration from ICFAI Business School and a CFA with over 24 years of experience in fund management. Alok heads the overall Equity & Fixed Income Investment Operations for Bank of India Investment Managers as Chief Investment Officer. Alok's remarkable achievement includes growing the company's Asset Under Management from ₹100 crore to approximately ₹13,150 Crore (as on June 30, 2025) since his joining in April 2012.

In the past, Alok has won numerous awards for stellar fund performance during his career span, bringing significant expertise to the fund management process.

About the Fund House (AMC)

Bank of India Investment Managers Private Limited is the asset management company (AMC) responsible for managing the Bank of India Mutual Fund. The AMC was incorporated on August 13, 2007, and commenced operations on March 31, 2008. It operates under the sponsorship of Bank of India, with Bank of India Trustee Services Private Limited acting as the trustee organization.

Key Highlights of the AMC:

- Bank of India Investment Managers Pvt. Ltd. has continuously proved to be trustworthy with 14 years of rich experience in fund management and has always catered to the needs of the investors across various objectives

- It offers approx 17 varied Mutual Fund Schemes diversified across various sectors

- As per the latest available financial data, Bank of India Mutual Fund has an AUM of over Rs 6554.90 crore (as on 30-Jun-2023)

- The prominent team at Bank of India Mutual Fund comprises Mr. Mohit Bhatia as CEO/MD, Mr. Alok Singh as CIO, and Ms. Roshni Pawar as Investor Service Officer

Investment Philosophy: The fund house leverages on the massive network and Indian market experience of Bank of India along with the global expertise of AXA Investment Managers in financial management. The fund house offers a broad range of mutual fund schemes across equity, debt and hybrid categories.

Should I Invest in Bank of India Large Cap Fund?

Suitable For:

- Investors seeking long-term capital appreciation through equity investments

- Investors with conservative risk profile or first time investors

- Those looking for exposure to established, large-cap companies

- Investors with investment horizon of 5+ years

Key Considerations:

- Investment Horizon: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years

- Investment Mode: Like for all equity funds, you must invest only through the SIP route

- Tax Implications: If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%

- Exit Load: Exit load of 1%, if redeemed within 3 months

Risk Factors: The Bank of India Large Cap Fund Direct Growth is rated Very High risk as per the risk classification, though large-cap funds generally offer more stability compared to mid-cap and small-cap funds.

FAQs

What is today's NAV of Bank of India Large Cap Fund?

The latest declared NAV of Bank of India Large Cap Fund - Direct Plan, is ₹16.4300 as of 13-Aug-2025. NAV changes daily based on market movements.

What is the AUM of Bank of India Large Cap Fund?

The fund currently has an Asset Under Management(AUM) of ₹13,374 Cr as of 29 Jul 2025. This represents the total value of assets managed by the fund.

What is the expense ratio of Bank of India Large Cap Fund?

The expense ratio information varies by plan type (regular vs direct). Direct plans typically have lower expense ratios compared to regular plans. Check the latest fund factsheet for current expense ratio details.

What are the returns of Bank of India Large Cap Fund since inception?

Over the past five years, Bank of India Large Cap Fund - Direct Plan has delivered an annualised return as of 13-Aug-2025. Historical performance data is available on the official website and investment platforms.

What is the minimum SIP amount to invest in Bank of India Large Cap Fund?

The minimum investment required to start investing in Bank of India Large Cap Fund - Direct Plan is ₹5,000 for the lump sum option and ₹1,000 for the SIP (Systematic Investment Plan) option.

How do I invest in Bank of India Large Cap Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing SIP or lump sum investment mode, and making payment through various digital payment options including UPI and net banking.

How to start a SIP in Bank of India Large Cap Fund?

Register with Allvest, complete your KYC process, select Bank of India Large Cap Fund, choose the SIP option, set your investment amount (minimum ₹1,000), and set up auto-pay for regular investments.

How do I automate an SIP in Bank of India Large Cap Fund?

Through Allvest, you can set up automatic SIP payments using bank mandate or UPI autopay. This ensures your SIP investments continue automatically without manual intervention every month.

How can I withdraw/redeem my investment in Bank of India Large Cap Fund?

You can redeem your units through Allvest by logging into your account, selecting the fund, choosing partial or full redemption, and submitting the request. The amount will be credited to your registered bank account within 2-3 business days.